PAC 0.57% $10.57 pacific current group limited

Ann: Underwriting of dividend reinvestment plan, page-7

  1. 133 Posts.
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    Am I the only one who is annoyed that PAC arranged to underwrite a DRP? That's an additional $62k of fees they didn't have to pay. If they needed the cash that much, they should have just paid less or no dividends.
    Yes it's cheap. I question their ability to forecast cash flow needs.
 
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